GabrielBoric

Chile Abandons Income Tax Reform Plans Amid Economic Challenges

2 months ago

Chile has officially decided to scrap its ambitious plans for an overhaul of the income tax system, a move that has left many economists and political analysts pondering the implications for the country's financial future. The decision comes at a time when Chile is grappling with diverse economic pressures, making the idea of tax reform particularly contentious.

Chile's Senate Greenlights Major Pension Reform: A Step Towards Economic Stability

4 months ago

In a significant move toward economic reform, the Senate of Chile has officially approved a vital pension reform plan that is poised to reshape the country's social security framework. The decision, reached on January 27, 2025, marks a pivotal moment in Chile's ongoing efforts to address longstanding issues within its pension system, which has been criticized for favoring private management over the welfare of retirees.